Oil field workers see big savings in natural gas switchFuelFix (blog)And those in audience, packed with representatives from oil field businesses and others involved with heavy, diesel-powered equipment, stood against walls, sat on the floor and squeezed through the door to listen during a breakout session at the High …

Chevron to operate offshore Sierra Leone oil fieldMarketWatchNEW YORK (MarketWatch) — Chevron Corp. (US:cvx) said Wednesday it has been awarded participation in a deepwater exploration area off the coast of Sierra Leone in West Africa. Financial terms of the deal were not disclosed by the San Ramon, Calif., oil…

Why oil prices are in a secular uptrendCredit WritedownsThere is not enough money being invested in energy to hold prices at current levels. It costs a bundle to replace depleted sources of oil and gas. The justification for increasing exploration budgets is hard to come by when countries are (effectively) …

Oil price increasesIndependent OnlineOilRig. http://www.sxc.hu/. The price of oil rose to near $91 a barrel Thursday over worries that potential military confrontation over Iran's nuclear program might hurt crude supplies and on expectations of new stimulus measures to boost the Chinese …Oil Stems Losses as Iran Rhetoric Heats UpABC News

Targeting Our Efforts to Reduce National Oil AddictionNatural Resources Defense Council (blog)And swinging oil prices exacerbate the pain we feel at the pump. It seems every year there's oil price volatility. When people drive to work and oil prices unexpectedly shoot up, they can then feel trapped between the need to commute and run errands in …

Texas Man Found Guilty of Running Ponzi SchemeCourthouse News ServicePlato ran the scheme through his Baytown company Momentum Production Corp. by selling promissory notes he claimed were secured by South Texas oil and gas interests, prosecutors said. When Plato sold the notes he was on supervised release and …

Oil drops on questions about Europe's crisisThe Seattle TimesOil rose about 25 percent from late June through late August. More recently, refinery issues have tightened the supply of gas on both coasts. And there are lingering effects from Hurricane Isaac, which disrupted refineries and imported oil deliveries …

Agip North Caspian Oil Platform Adopts RTLS TechnologyRFID JournalAgip North Caspian Oil Platform Adopts RTLS Technology. The company is installing a real-time location system from Ubisense and S3 ID to track the locations of approximately 1,000 staff members on its one-square-kilometer offshore rig.

Hiking Productivity for HEM ToolpathsAmerican MachinistIn the center of the Gulf Coast oil-and-gas market, Matherne makes precision-calibrated instruments used in exploration and drilling. It's highly demanding work, so the instruments have to be tough to do the job, and the cutting tools used to make them …